SpaceX (NASDAQ: SPCX) stock price jumped briefly on September 28 after the company launched its first Starship into orbit.
The successful launch has sparked bullish bets around SPCX stock price, with some analysts noting that buy orders could return depending on the success of this flight.
SpaceX’s Starship Reaches Orbit Despite Engine Issue
SpaceX launched its next-generation Starship rocket from Texas on September 28. The rocket reached Earth’s orbit for the first time, in a flight expected to last for three hours before returning to Earth.
SpaceX stock price briefly dropped during the launch after reports that one of the engines had failed. Still, Starship managed to reach orbit, in a feat that saw SPCX shares…
